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Countrywide Financial - Home Loans - Equity Loan Mortgages SUCKS!
Home Loans? Sub-prime (bad credit), Need money, Mortgage Refinance, Or Want A Home Equity Loan and dont want to get ripped off or have hiden fees on your Home Loans?
Need A Home Loan , Refinance, Purchase, Or Make Home Improvements. Mortgage Rates Have Reached A All-Time Low Make Sure You Pick A Broker That Will find the right Home Equity loan at the best rate for you.
We recommend that you conduct your own due diligence on mortgage brokers to find the one that is best for you. This site is a forum for users and should not be your only source of information about Countrywide Home Loan prior to choosing a lender.
This is what home loan customers in () have been saying...
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Date: Sun 12/31/06 2:52AM
From: qamcp ipxn
Message: oistub usakmzoev fmdat xurcmo brmoqtxp vwdo jrmwuq
Date: Thu 11/30/06 9:05PM
From: Chloe
Message: Uh.......OK. Dumb phuck
Date: Thu 11/2/06 8:59PM
From: S. LANCEY
Message: HEY GUYS, STOP ALL THE INSULTS ABOUT COUNTRYWIDE. I DEALT WITH THEM FOR ABOUT 8YEARS AND THEY WERE EXCELLENT TO ME - BETTER THAN MOST.
Date
Left: July 26, 2006 By: In:
go file your overtime against these crooks. federal overtime is waiting...hahaha crooks at cfc.
Left: July 19, 2006 By: In:
why not contact bridgegirl@yahoo.com? she has been helpful to others and to me and only the company would not want anyone to get together and compare notes....ask countryfried chick and look at the posts of bridgegirl24@yahoo.com.
you can also go to the CFC stock message board and see her posts, as I know it, she was sexually harassed and crushed by CFC for complaining about it and other issues. she has fist hand knowledge, knowledge of others violated and overall helped me and many others, so anyone who claims she isn't is a Countrwydie employee sent here...nice try. post on this board if you do not want to email, but I will always help those whop ask for it and are clear about who they are and what they are trying to accomplish, you are not alone!!! brigegirl24!!! bridgegirl24@yahoo.com
what record you on??? bridge girl24 is posted on the cfc stock board, and on this site so many times, you are a countrywide employee sent to deter people from sharing stories and getting help after being violated by the scumbag company!
Left: July 15, 2006 By: In:
I am on record that I don't think much of this mortgage company and, consequently, I should therefore not care about their employees, past or present, but since I am an honorable person I thought I would warn anyone thinking of contacting this person for help/or advice (bridegirl24@yahoo.com.) DON'T DO IT!!
Left: July 12, 2006 By: In:
if you were a past employee or current one who was wronged by this company please email me for help and to share and join together... bridgegirl24@yahoo.com
Left: July 08, 2006 By: In:
Everyone go to the press and tell your story, write them, write the editors and call the radio shows. It is the only way to get it out. Let the world know what scum this criminal company is. Give me one person who has complained and had the company thank them and admit they found something....damn scum, GO TO THE PRESS!!! The lawyers their are scum, Iam an ex-employee and speak from truth, numerous employees crushed when they have complained of stuff, numerous customers crushed when they complained, dared to sue, go get lawyers etc..don't call the press, write them and tell them the scum at cwide and their actions, its the only way.
Left: June 20, 2006 By: Truth Commission In: USA
THIS IS IN RESPONSE TO "JOE D" and his worthless post on June 11, THIS IS FOR ALL PRO-CW AND ANTI-CW READERS.
You don't seem to get it.
For many years Countrywide HAS BEEN #1 in customer service. But guess what? Countrywide is soon to be a HAS BEEN.
I know all this because I had just recently quit Countrywide to work for another mortgage company.
Countrywide didn't use move operations over to India, BUT NOW they do! That will be bad for customer service.
COUNTYWIDE IS NOW TOO CHEAP TO KEEP UP ON ITS COMPUTERS AND COMPUTER SYSTEMS. When I worked there, computers froze up at least 5 times a day, and application information was always getting erased.
That is why the number of customers complaining about missing payments has been increasing in the last few years.
That is why it is now taking Countrywide 30 to 40 days to close a loan. Also because Countrywide now has a lot of untrained, inefficient, and disorganized underwriters and processors. (Countrywide may now also be too cheap to hire an adequate staff)
That is also why payoffs and other items are now coming out wrong.
Also Countrywide requires just about all of its loan originations to use LANDSAFE appraisal, a company owned by Countrywide itself. Their appraisals are extremely conservative, and 9 out of 10 of mine and other A/E’s came in OVER $10K less than comps. Even if the home was in good condition. This forces the A/E to restructure the loan a higher rate, less cashout, fewer bills paid, or a some combination of the factors. Their appraisals set the road for disguised predatory lending, and bait and switch.
Wake up Joe D! Have you ever studied the life cycle of an organization? Check it out. It comes in four stages: Introduction, growth, maturity, and decline. Right now, Countrywide is slowing down in the growth stage about to hit maturity. The only thing holding right now is the brand name its built from its past. And if Countrywide continues with its path, it will not be long until it is in its decline stage.
ENRON WAS ONCE A FORTUNE 500 COMPANY. Countrywide is riding in the same path.
Also Countrywide was recently sued in California from its conduct as an employer, and apparently it never learned from the lawsuit. Another lawsuit will happen.
Joe D. you are not in the position to call the people here "Jerk Offs". Especially if you're another goon in Countrywide's management. Because only someone in CW management would stick up for Countrywide the way you just did.
Not to meantion Joe, you posted your same pathetic post on all 50 state pages here, claiming to be from different local cities.
And to the Pro-CW idiot who keeps taking up the excessive space in the forum with blank lines. GET A LIFE LOOSER.
You will not keep others from reading the previous posts.
Left: June 13, 2006 By: In:
CHL = Enron
Left: June 11, 2006 By: In:
Left: June 11, 2006 By: Joe D In: Honolulu
Hey jerkoffs..CW ia a member of the S&P 500, Fortune 500, and #1 in customer satisfaction..this website's sole purpose is to drive business to US-Home Loans.com...get a life you stupid a**holes...
Left: May 30, 2006 By: In:
corey -
as a former employee of a ONCE great company, i would suggest phoning a special department at CHL. it is named the "office of the president" (oop). i promise if you phone these very, very knowledgeable and professional people within CHL, you WILL get action. i don't have the number but if you phone the 1800 customer service they can give it to you. or better yet, if you wanna raise a little hell, call the branch you are dealing with and ask them for the number. the oop does NOT play games, and if mention their name ( oop), your little loan officer and branch maanger will freak. could be fun on a serious matter.
good luck
Left: May 23, 2006 By: Corey In: Kahului
Countrywide Home Loans has stole about $5000 dollars from me to date. This is due to their negligence in converting my construction loan on time. I have spent countless hours with these people trying to get answers. Everyone I talk to is unable to help me, even the managers. My suggestion is to familiarize yourself with the process before starting. They are manipulative and liars. Get everything in writing. Start a list of complaints from day one.
Left: May 01, 2006 By: In:
Crappywide has such a great name they are worth the higher rate haha
they think their own shit doesnt stink too
Left: March 13, 2006 By: In:
they are stealing from their loan officers. in order for an external l.o. to get the deal, they have to dig a a minimum of 1 discount and on some products ( the one that are popular with the consumer) 1.5 to 2 points. the branch will only take part of the hits back so the l.o. basically makes no money. who do think is making the home run ? CHL (mainly brian hale) are chasing off high producing l.o.s in mass.
Left: February 21, 2006 By: F'd by CW In: Anonymous
Oh, I forgot to add...
The NEXT highest lender (today at least) is almost 30 BASIS POINTS (0.30%) lower than CW.
With todays rates, a loan pmt on a 30yr $200k loan would be $1306.52 w/ CW and only $1270.
72 with their next lowest competitor, who STILL exceeds the national average by .44%. CW is currently .75% HIGHER than the national average. CROOKS!
Left: February 21, 2006 By: F'd by CW In: Anonymous
I have watched Countrywide rates on Bankrate.com and MSN MoneyCentral for a few months. They list the LOW, AVERAGE, and HIGH interest rates ACROSS THE COUNTRY. Guess who is THE high number EVERYTIME?? Good ole CW. Check it out yourself. So even if they are doing things legal, which I doubt, the are certainly SCREWING their customers.
Left: February 13, 2006 By: In:
Left: February 13, 2006 By: In:
they don't care anymore !! Gread
Left: February 13, 2006 By: In:
what the F is wrong with Countrywide?
Left: February 11, 2006 By: spell check, please In: woodland hills, ca
I stumbled across this website the other night. What a hoot!! Tried posting for California, but it won't let me. Former CHL employee here -- it is what it is ... I don't think that Countrywide is any different than any of the other big lenders - ie WAMU and Wells. Having worked at CHL, yes, we have severe customer service issues -- but so do the other lenders. So the grass is always greener. Most of the complaints that I've seen are against Retail/Full Spectrum Loan Officers - Seriously, what do you expect? They work out of CALL CENTERS. Most are young and hungry and are barely high school educated. These are not MBAs, people. Countrywide's biggest mistake has been to disregard their existing human capital-- I'm talking about the employees who have worked for Countrywide for 5+ years (many have been w/ the company for 10+ yrs). These are the people who came up when Angelo was very much active in day to day operations. These are the people who at their core understand that service is all we have. These are the people who tirelessly make it happen everyday, in every department. Now, management is looking to "grow market share" so the mucky-muckys go out and bring in outsiders - who have NO CLUE about the "Countrywide culture". So these mid level managers come in, have no clue, make no valuable impact on anything and then leave with their big fat signing bonuses when their contracts are up.
For all the disgrunted customers - I truly am sorry. It is frustrating. Here is the bank that helped you finance the American Dream and this has been your experience. Don't just blame Countrywide - look around. Look how many mortgage companies go under every year due to misrepresentation, scandal and lawsuits. More importantly, why on God's green earth would you allow yourself to let a telemarketer/mortgage loan officer do your loan??? Go to the bank directly. Know your rights. Ask around. BE AN INFORMED CONSUMER. Make your LO go over the GFE line by line. Make your LO walk you through the loan process - start to finish. ASK QUESTIONS. Usually people who feel "ripped off" somehow didn't read the fine print. ***And for all of you out there -- a "no point, no fee" loan will cost you more in the end: you end up with a higher rate and you can't write off a LO's rebate. Whereas if you bring in funds to pay your closing costs, you can write off the LO's origination fees.
Left: February 03, 2006 By: In:
NO ONE CAN LIE LIKE COUNTRYWIDE CAN
Homeowners need cash? Get a No-Closing Cost Home Equity loan only from Countrywide. That’s right, no application fee, no appraisal fee, no title fee, no underwriting fee, NO CLOSING COSTS.
NEVEVERMIND THAT IT’S A VARIABLE RATE ARM (Prime Rate+) LOAN.
NEVERMIND THAT IF YOU PREPAY THE LOAN BEFORE THE TAKEOUT AMOUNT PERIOD ENDS THAT YOU END UP PAYING THE CLOSING COSTS (PREPAYMENT PENALTY).
NEVERMIND THAT YOU PAY THE CLOSING COSTS THROUGH AN ABOVE MARKET VARIABLE RATE HOME EQUITY LINE OF CREDIT. THIS IS NOT A FIXED RATE SECOND MORTGAGE.
No one can screw you like Countrywide can.
Left: February 03, 2006 By: jake In: cali
Improper Home Charges
Read then File a complaint
www.zimmreed.com
Left: January 29, 2006 By: In:
NO ONE CAN LIE LIKE COUNTRYWIDE CAN
Homeowners need cash? Get a No-Closing Cost Home Equity loan only from Countrywide. That’s right, no application fee, no appraisal fee, no title fee, no closing fee, NO CLOSING COSTS.
NEVEVERMIND THAT IT’S A VARIABLE RATE ARM (Prime Rate+) LOAN.
NEVERMIND THAT IF YOU PREPAY THE LOAN BEFORE THE TAKEOUT AMOUNT PERIOD ENDS THAT YOU END UP PAYING THE CLOSING COSTS (PREPAYMENT PENALTY).
NEVERMIND THAT YOU PAY THE CLOSING COSTS THROUGH AN ABOVE MARKET VARIABLE RATE HOME EQUITY LINE OF CREDIT. THIS IS NOT A FIXED RATE SECOND MORTGAGE.
No one can screw you like Countrywide can.
GO GET A BETTER RATE & SERVICE AT YOUR LOCAL BANK OR CREDIT UNION.
Left: January 20, 2006 By: roy In: tampa
Notice: Must Read
Sweat Shop Employees www.gdblegal.com
Appraisal Overcharges www.sherlocklegal.com
Wrong Doings www.jameshoyer.com
www.ripoffreport.com
file your complaint
Left: December 03, 2005 By: In:
Current Customers should call customer Service and tell them you want NO CONTACT 1-800-669-6607
That means:
*No emails
*No Phone Solicitations
*No Junk Mail
Get customer service reps name and employee ID# and make a note of it.
Countrywide gets around the do not call list because of a loop hole that allows them to call their current customers. Why do you think they buy so many mortgages? So they can call you and sell stuff to you is one reason.
Left: November 21, 2005 By: In:
chl is NOT # 1.. read legitimate publications
Left: November 07, 2005 By: Gil In: Atlanta
Countrywide is a big company with big revenue, big profit, a big name, a big payroll, and big problems. Goes with the territory. I love Countrywide "the company" but the people that have been hired in certain areas of the company SUCK! Being #1 has nothing to do with treating employees like people instead of machines. When they get that end right I'll get on your bandwagon.
Left: November 04, 2005 By: WE WILL ALWAYS DOMINATE! GO COUNTRYWIDE! In:
Oh Almost forgot, As of today November 4th, 2005. COUNTRYWIDE HOME LOANS IS AMERICAS #1 RESIDENTIAL LENDER! I hope you all understand this. I LOVE COUNTRYWIDE HOME LOANS!!!!! AND SO DOES MILLIONS OF AMERICANS.
I think many of you forgot what happened in NYC on 9/11. ARE WE AMERICANS? IF SO, START ACTING LIKE IT. COUNTRYWIDE HOME LOANS IS AN AMERICAN COMPANY, PROVIDING JOBS FOR AMERICANS!
NOT LIKE MOST COMPANYS THAT MOVED THEIR COMPANYS OVERSEAS FOR CHEAP LABOR. WAKE UP EVERYONE!
Left: September 20, 2005 By: An observer In: Atlanta, GA
I don't know about all the name calling, etc. but one thing is certain. Something bad has happened to Countrywide in Atlanta and there won't be an end until it's destroyed. Someone hired people to run this part of the company that either have no interest in the company or just simply aren't qualified to run a company. There is no profit being made and everyone is unhappy -- customers and employees. Seems like a recipe for disaster. Sit back and watch it fall. Maybe a year, maybe not that long. They'll be gone, someone new will be along or they can close down Atlanta altogether. I don't think Atlanta would be missed by the rest of Countrywide.
Left: September 04, 2005 By: Kamuela Oleka In: Hilo, Hawaii
Sorry that you had to go through all these troubles.
Unlike you, I am extremely satisfifed with Countrywide's services to my wife and I. We financed our home loan with them. They gave us the best interest rate, best quality customer services I had ever known, and most of all, they know what they are doing. They are professionals, sincere, and care about our concerns or questions. They were fast and extremely efficient in what they do.
Do me a favor, next time you deal with Countrywide, I suggest you get your story straight. You might have lost your court case because you have no proof or evidence to subordinate your claims. Sounded like you didn't pay your loan on or before the due dates. Don't forget that all financial institutions charges a late fee. If you pay only the montly payment without paying that late fee, your loan will be delinquent. When your loan is deliquent, it hurts your credit report. A simple late fee can cause you a lot of troubles. Best thing to do it to acknowledge that you pay your loan late and pay the damn late fee. It's only fair.
thank you
Left: August 05, 2005 By: Michael In: Palmdale, CA
I am a former employee of Countrywide, sorry but I have to laugh at all of these stories, yes COuntrywide has it's problems, just like all the other lenders out there, but most of the problems being stated here are mostly due to homeowner error not lender error, there are alot of laws that Countrywide has to follow, so if you think they can just wipe your credit score clean, or take fees off, that's where you are wrong, it's sad to see ignorant people cause concern for others who know what there doing by trying to bring a company down, it is not right and people need to take responsibility for themselves instead of trying to get through life easier and blaming all their problems on somebody else, when you have a problem in life you must look at yourself first to see what you did to cause it, then correct it, not put full blame on another. In other words pay attention to yourself and see your wrongs before you give a bad rep on a company who tries hard to serve MILLIONS of customers and make sure there is no problems.
Left: July 26, 2005 By: In:
I'm going to post this in every state listed here. YOU MUST TAKE RESPONSIBILITY FOR YOUR OWN ACTIONS AND DECISIONS!! I have recently left the lending industry. I can site many reasons for this, however the top reason has to be dealing with borrowers and potential borrowers who had no concept of financial responsibility. Just because you have a 700 credit score does not mean you demonstrate good use of credit or that you are guaranteed the rate or terms you want. In fact, many people who have the best credit scores carry the most debt. What you people do not understand is that the lending institutions want you to carry debt, so if you carry alot of debt and pay it on time your score will be higher than someone who pays their bills OFF every month and only carries a mortgage and a car loan/lease. If you fall on hard times, pay your damn mortgage and let the friggin' Visa's go delinquent. Visa isn't going to take your house, your mortgage company is. People jump to quickly to file BK. Guess what, ole' GW has made that next to impossible for the average American. You're better off making arrangements with your credit card companies and paying your mortgage off as quickly as possible. Use good judgement, not the "I want it now!" mentality. Buy a Trailblazer instead of the RangeRover or the Hummer or the Lincol or Caddy or whatever. How many of you people that post on here have kids? What kind of behavior do you think your actions teaches them? Anyone who would voice their opinion is more than welcome to email me at michael_harman1976@yahoo.com. I would be more than happy to help anyone who needs some good advice on how to get themselves into a good financial position. I am not selling anything, I'm a former CW employee who feels an obligation to help those who have been taken advantage of.
Michael
Left: June 03, 2005 By: F.U. C.W. PEOPLE In: COUNTRYWIDE SUCKS!!!
TO SMART GUY In: I AM COUNTRYWIDE
YOU HAVE TO BE ONE OF THOSE BASTARD, EIGHTH GRADE EDUCATED, CW, PEON EMPLOYEES. YOU GUYS TOTALLY RETARDED!!
Left: May 19, 2005 By: SMART GUY In: I AM COUNTRYWIDE
MAYBE IF YOU RETARDS GOT SOME EDUCATION ON THE MORTGAGE BUSINESS YOU WOULD NOT OF HAD THESE PROBLEMS. IT IS YOUR OWN FAULT YOU WERE TAKEN ADVANTAGE OF. THE ONLY ONE YOU CAN BLAME IS YOURSELF...
Left: May 19, 2005 By: Peter In:
Thank you so much for this website. Our realtor recommended Countrywide so strongly that we went to them for our mortgage. If you think Countrywide is bad, try going to a realtor who works hand-in-hand with Countrywide. Countrywide gave us an interest rate upon which we based our offer. As soon as the offer was accepted, Countrywide upped the interest rate so much that we knew we could no longer afford the house, but we had signed an offer to purchase that allowed that rate of interest (on the advice of Countrywide, who said it didn't really mean we would ever have to pay that higher rate, it was just something to put on the offer). So, we went to a bank, and they offered us a much lower rate. The bank called the realtor to start the loan process. The realtor turned around and called Countrywide, who then called us, to offer us a much, much better rate. Okay. But then, Countrywide wouldn't move. Not even an application to start the loan process. Each time I called they tap-danced about computers and "in the system," etc. We had no application, no written estimate, nothing. Twelve days before closing I called our local bank in a panic. They were able to do the loan at that interest rate and cut Countrywide out completely. They said if we had waited a couple more days it would have been too late. We believe that Countrywide was holding out until we had no other options before they would give us a loan, and the terms of it would have been at their pleasure.
THEN, we found out our realtor had not disclosed an encroachment. This alone could have been a deal-breaker, but we wanted the property so we worked out a deal with the man who owned the property on whom we were encroaching. We also got an attorney, and asked him to take over the closing, which we had been planning to do at the realtor's office. WELLLLLL---Here it gets fun. Countrywide and our realtor had worked into the purchase all sorts of "creative financing," so that we, the buyers, would be credited with approximately $3,500 at the closing, which would have been at the realtor's office, where we wouldn't have known what the hell he was doing with the money. But our lawyer and our bank did exactly that; they credited us with the $3,500. In fact, they ran out of places to credit us, so the seller ended up writing us a personal check for the balance. Our realtor was shocked when he found this out at closing. We had to stay an hour while everyone in his office and the lawyer's office looked for money, calculators clicking, pages flying. The realtor went outside and talked on his cell phone. We overhead him shout, "Well then we're screwed!" I kid you not! At another point in this comedy our lawyer asked him, "Well, where's the earnest money? I don't have it. Do you have it?" And the realtor said, distractedly, "Well yes, I have it, but…." and went back to playing with his calculator.
The way it finally turned out for us was beautiful. The seller actually ended up paying for part of our down payment, but it didn't cost him anything because Countrywide had him raise the asking price in order to credit us, in order to be able to get their thousands at closing. We paid NO FEES whatsoever, and walked away with a small check to the good. The seller paid a very low commission to the realtor (because the realtor quoted him a small commission, apparently because he, the realtor, was going to get a cut of the "creative financing" done by Countrywide at closing.) Watching this comedy of errors was truly enjoyable; however, it followed a month of anxiety and fear. I don't recommend Countrywide to anyone. And if your realtor recommends them, please be warned.
Left: April 26, 2005 By: In: AIEA
What a joke ..... looks like soemone on Countrywide's payroll dicided to try to circumvent the truth again ....
Hey COUNTRYWIDE..... YOU CAN'T HANDLE THE TRUTH.
Left: April 26, 2005 By: anonymous In: Honolulu
I'm another victim. They lied to me, and changed the promised rate on me at the last minute thinking I would say fuck it, and still move forward ..... I pulled out of escrow instead, lost the property, lost money, but my integrity's still in tact and it was empowering
pointing out to them their coersive tactics.
One more thing, Countrywide also has legitmately, profesional people working with
them, however, I know absolutely nobody, that's
everr gotten a good rate from them, and if you let them, they'll SCRWEW you with their fees, after screwing you with 2 points, and a high rate. And, my credit is perfect, and I make lots of money .....
Left: February 28, 2005 By: In:
Below is a copy of an email sent to the owner aka whiner of this website on Feb 27, 2005 7:54 PM, CST
Hello,
Countrywide is voted the best of the best places to work. Countrywide is also the number one servicer and lender. Countrywide makes dreams come true to those that work hard and understand what it is to be financially responsible.
No matter how many web sites you put up, no mattter how much you whine, you will get no where. Countrywide continues to be number one and you will not be able to do nothing about it. Individuals like you never prosper!
Loving Countrywide,
Anomyous Like yourself.
P.S. If you really supported this site you would not hide from who you really are. At least state your name coward!
Left: November 07, 2004 By: Richard Stauber In: Lihue
...engage in conduct reflecting a lack of business integrety or honesty. Plain English: They have no ethics at all and will lie directly into your face. Do everything in writing, certified mail and return receipt is mandatory. No exceptions. Keep a copy, you will need it. Ask for everthing in writing. No exceptions. By the way Countrywide Homeloans statements are not worth the paper, neither the ink, nor ink and paper together. You have to make a papertrail that is waterproof. Warning: Be prepared to loose your home, because 'they' don't care. They're like the missionaries. Aloha
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